Nexstar Broadcasting

Description

Nexstar Broadcasting Group, Inc., is one of the nation’s top 20 television broadcasting companies. Headquartered in Irving, Texas, the Company acquired its first station in 1996. In 2008 the Company generated record net revenue of $285 million, broadcast cash flow of $112 million and adjusted EBITDA of $96 million.

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Nexstar owns, operates, programs, manages or provide sales and other services to 62 television stations in 34 mid-sized markets across 14 States. These stations are affiliated with the NBC, CBS, ABC, FOX, MyNetworkTV, CW, Telemundo and Azteca networks and reach approximately 13 million viewers or 11.5% of total U.S. households.


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